California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
IBM
IBM
|
$170M |
| 2 |
Mondelez International
MDLZ
|
$92M |
| 3 |
Warner Bros
WBD
|
$86.5M |
| 4 |
Roper Technologies
ROP
|
$82.7M |
| 5 |
Keurig Dr Pepper
KDP
|
$74.1M |
Top Sells
| 1 |
Apple
AAPL
|
$242M |
| 2 |
Microsoft
MSFT
|
$207M |
| 3 |
AT&T
T
|
$206M |
| 4 |
Amazon
AMZN
|
$198M |
| 5 |
CERN
Cerner Corp
CERN
|
$180M |
Sector Composition
| 1 | Technology | 22.32% |
| 2 | Healthcare | 16.86% |
| 3 | Financials | 12% |
| 4 | Consumer Staples | 9.69% |
| 5 | Consumer Discretionary | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Deckers Outdoor
DECK
$17.4B
| $13.5M | 0.01% |
316,266
-21,726
| -6% | -$925K |
|
677
US Foods
USFD
$17.6B
| $13.4M | 0.01% |
437,676
-10,033
| -2% | -$308K |
|
678
Royal Gold
RGLD
$12.3B
| $13.4M | 0.01% |
125,283
-7,333
| -6% | -$783K |
|
679
Caesars Entertainment
CZR
$5.49B
| $13.4M | 0.01% |
349,094
-61,875
| -15% | -$2.37M |
|
680
Middleby
MIDD
$7.19B
| $13.3M | 0.01% |
106,417
-4,703
| -4% | -$590K |
|
|
AIRC
681
DELISTED
Apartment Income REIT Corp.
AIRC
| $13.3M | 0.01% |
319,910
-9,152
| -3% | -$381K |
|
682
Lattice Semiconductor
LSCC
$9.13B
| $13.3M | 0.01% |
274,114
-8,014
| -3% | -$389K |
|
683
Popular Inc
BPOP
$8.48B
| $13.3M | 0.01% |
172,708
-7,408
| -4% | -$570K |
|
684
White Mountains Insurance
WTM
$4.55B
| $13.3M | 0.01% |
10,650
+4,358
| +69% | +$5.43M |
|
685
Ciena
CIEN
$16.8B
| $13.2M | 0.01% |
289,709
-10,771
| -4% | -$492K |
|
|
EQC
686
DELISTED
Equity Commonwealth
EQC
| $13.2M | 0.01% |
479,064
+262,384
| +121% | +$7.22M |
|
687
Mohawk Industries
MHK
$8.67B
| $13.2M | 0.01% |
106,251
-9,307
| -8% | -$1.15M |
|
688
NOV
NOV
$4.92B
| $13.2M | 0.01% |
779,208
-15,699
| -2% | -$265K |
|
689
Donaldson
DCI
$9.47B
| $13.1M | 0.01% |
271,597
-14,268
| -5% | -$687K |
|
690
Omega Healthcare
OHI
$12.8B
| $13.1M | 0.01% |
463,563
+3,807
| +0.8% | +$107K |
|
691
A.O. Smith
AOS
$10.4B
| $13M | 0.01% |
238,509
-16,352
| -6% | -$894K |
|
692
Texas Pacific Land
TPL
$21B
| $12.9M | 0.01% |
26,100
| – | – |
|
693
WillScot Mobile Mini Holdings
WSC
$4.22B
| $12.9M | 0.01% |
399,152
-18,824
| -5% | -$610K |
|
694
Kilroy Realty
KRC
$5.05B
| $12.9M | 0.01% |
246,807
-10,227
| -4% | -$535K |
|
695
Franklin Resources
BEN
$12.9B
| $12.9M | 0.01% |
553,990
-35,705
| -6% | -$832K |
|
696
NovoCure
NVCR
$1.41B
| $12.9M | 0.01% |
185,721
-8,389
| -4% | -$583K |
|
697
Bruker
BRKR
$4.67B
| $12.8M | 0.01% |
204,047
-16,467
| -7% | -$1.03M |
|
698
Olin
OLN
$2.87B
| $12.8M | 0.01% |
276,346
-25,317
| -8% | -$1.17M |
|
699
First Industrial Realty Trust
FR
$6.9B
| $12.8M | 0.01% |
269,110
-6,661
| -2% | -$316K |
|
700
Flex
FLEX
$20.9B
| $12.8M | 0.01% |
1,171,430
-85,222
| -7% | -$929K |
|